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But house leaders are already backing away from that target, saying cuts of about $60 billion are more realistic, but as we know, cutting back isn't easy. while 70% of the americans say the deficit is a problem, few -- most would rather raise taxes than cut medicare benefits. the same goes for social security, the other sacred cow. how can republicans slash and burn like their base wants, or at least thinks they want without cutting programs that most americans like and need. jane hampshire, the founder of firedog lake, and martha zoeller. are we see the tip dale skids frensia that affliction ...

They could cut that money if they wanted to. >> let's work together on that. i think it would be great. >> i absolutely do. >> go ahead. >> but before we have a kind of, you know, kumbaya, holding hands across parties, but the cuts that jane is talking about, these are tiny pennies out of a vast federal budget. unless you go after social security and medicare, not cutting them, but slowing their growth, which is politically very dicey, republicans will never make good on these broad promises. i think these polls show that republicans will end up hitting the wall and ending up either frustratin...

Yet i think republicans are getting a lot of indigestion when they realize the impact of those cuts especially when it's focused on such a narrow domestic slice of what government does. >> i almost hurt myself laughing in 2008 when the republicans suddenly turned themselves into the party of fiscal responsibility, as i'm sure many did, after being on drunken spending spree with george bush. the market access program, subsidies for trade association like the chamber of commerce to market overseas, that would cut hundreds of millions. you know farm subsidies to big ag, the ethanol subsidy, all o...

Time to crack down. many people say we don't need a trade war with china. i say two things, we've been in a war for the last decade, we just haven't fired back. if mr. obama is not strong in front of the chinese, they will have their way with us. he needs a tough posture with china in order for them to make the appropriate adjustments so we can prosper with china, not be beaten down by them. >> thanks, peter navarro. we'll see if the president takes your advice on tuesday. thanks for your time. >> thank you. coming up on "the dylan ratigan show," slash-and-burn politician on capitol hill. ca...

They didn't do what they promised. i hope it's politically dicey, i hope it whurts when they make these cuts, because they have to be made. we are not in a situation where we can talk about this from political standpoints. i firmly believe if republicans do what they promise to do, because democrats didn't do what they promised to do, either. we talk about the expansion of spending under george bush, since democrats took that krog, that expansion of spending has been astronomical. so we are on a trajectory that we have to stop. if it means hitting the wall and doing the right thing, i think ul...